H Manly And Mary Robertson Clark Family Foundation Inc
- Assets
- $228.1k
- Revenue
- $136.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Clinton, NC
- Founding
- 07/2014
- Data as of
- 12/2021
- EIN
- 46-5491338
Organization Overview
H Manly And Mary Robertson Clark Family Foundation Inc is located in Clinton, NC. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. H Manly And Mary Robertson Clark Family Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, H Manly And Mary Robertson Clark Family Foundation Inc generated $136.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.8%) each year. All expenses for the organization totaled $87.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (10.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, H Manly And Mary Robertson Clark Family Foundation Inc has awarded 107 individual grants totaling $992,629. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION HOSTS AN ANNUAL GOLF TOURNAMENT FOR THE BENEFIT OF MUSCULAR DISTROPHY ASSOCIATION AND OTHER NC RELIGIOUS AND EDUCATIONAL ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann C Ramsay Board Member | 1 | $0 | |
Mary Kay Clark Vice President/board Membe | 1 | $0 | |
Manly Clark IV President/board Member | 1 | $0 | |
Heather Warren Board Member | 1 | $0 | |
Jeff Smith Secretary/treasurer | 1 | $0 | |
Catherine Woodard Board Member | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $131,159 |
| Total Revenue | $136,159 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $36,845 |
| Total operating and administrative expenses | $36,845 |
| Contributions, gifts, grants paid | $50,500 |
| Total expenses and disbursements | $87,345 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $228,094 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $228,094 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, H Manly And Mary Robertson Clark Family Foundation Inc has awarded $50,500 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
CAPE FEAR COUNCIL BOY SCOUTS AMERICA PURPOSE: CHARITABLE, EDUCATIONAL | $3,500 |
FOOD BANK OF CENTRAL & EASTERN NC PURPOSE: CHARITABLE | $5,000 |
FIRST UNITED METHODIST CHURCH OF CARY PURPOSE: CHARITABLE | $3,500 |
MUSCULAR DYSTROPHY ASSOCIATION PURPOSE: CHARITABLE, SCIENTIFIC | $11,000 |
BLADEN LITERACY COUNCIL PURPOSE: CHARITABLE, EDUCATIONAL | $1,500 |
CHILDREN'S MUSEUM OF WILMINGTON PURPOSE: CHARITABLE, EDUCATIONAL | $3,000 |